The Bank of Japan maintains the amounts of purchases of Japanese government bonds as in the previous operation

Where the Bank of Japan bought bonds is as follows:

375 billion Japanese yen 1-3 years

425 billion Japanese yen 3-5 years

425 billion Japanese yen 5-10 years

 

In the middle of this month, the Bank of Japan reduced the amount of 5-10 years that it bought in a scheduled operation, which, in turn, led to a decline in the US dollar against the Japanese yen, but it quickly rebounded again.

This time the USD/JPY USD/JPY pair has experienced a slight upward climb, the pair is currently targeting the levels of 157.00 followed by 158.00.